About: anakin

Daily Market Analysis Market Focus   U.S. market continues to fall amid the concern of a resurgence of COVID-19 and a selloff in giant oil businesses. Energy shares, such as Exxon and Chevron, lead declines in the S&P500. Along with recent poor fundamentals, U.S. economic rebound might make it tougher for equities to gain further Continue Reading

Daily Market Analysis Market Focus   President Donald Trump floated the idea of delaying this year’s US election on Thursday, suggesting “with the Universal Main-In Voting (not Absentee Voting, which is good), 2020 will be the most INACCURATE & FRADULENT Election in history.” Meanwhile, we witnessed what the pandemic could do to US economy, US Continue Reading

Daily Market Analysis Market Focus   Fed Chairman Jerome Powell signifies that the Federal Reserve will do whatever it can to help the U.S. economy and its labor market. The U.S. stocks climb on speculation as investors are looking for a potential rebound through a batch of corporate earnings and the economic stimulus from the Continue Reading

Daily Market Analysis Market Focus   The Fed extended most of its emergency lending programs by three months, to help revive the desperate economy. Since mid-March, the Federal Reserve has opened nine emergency programs aimed at injecting liquidity into short-term credit markets and extending credit to businesses and local governments. The facilities have the potential Continue Reading

Daily Market Analysis Market Focus   U.S. stocks rebounded today as investors disregarded increasing coronavirus cases and the tensions between the U.S. and China. In the meanwhile, as the unveil of having another batch of stimulus check in the U.S., investors betted on their hope on more stimulus to revive a battered domestic economy ahead. Continue Reading